Sunday, April 6, 2014

WEEK 7TH TO 11 TH APRIL

Markets have been clearing highs almost every day of the last week to make a high of app. 6800 NF..Corrections of just 50-60 points and deeper of 140-150 points have been taking place in this rally of 2 months after which the highs were cleared always to make new highs..In the near future in case the markets decide to make a lower high and the corrections go deeper to start making lower lows..bear in mind that the correction of the whole up move from 5957 zone may have  started..Elections start next week and volatality will be supreme as we come closer to results mid may..so trade with caution to buy good dips and keep posting profits..Booking profits and carrying money home is always a good idea..Trade accordingly..cheers.